mk on Nostr: smug djsumdog nprofile1q…z07am "But they won't." yes they do. the picture proofs ...

smug (nprofile…8ayu) djsumdog (nprofile…l0gg) nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqdgqc52h68p7m2uar5yxmc2gp67rcjmlwm6yjr4xt3m4jg4k4rmdstz07am (nprofile…07am)

"But they won't."

yes they do. the picture proofs it.

---

what you don't undestand is:

in a fractional-reserve fiatmoney-world

- taking credit
- handing out "loan guarantees"
- selling government bonds

IS equal to printing money.

"banks create the moneysupply[..]79% of 'bank deposits'[..]created out of nothing[..]banks create the money supply by inventing these claims on themselves. these fictitious deposits"
https://mastodon.satoshishop.de/@mk/110979837928836433